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Nov 19, 2012
11/12
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vulnerability updates for microsoft if you are using a pc that are addressing boehner build is they discovered every couple days. they easily --vulnerabilities they discovered every couple days and patched up. it is very important you keep your start -- software and hardware up to current configuration c do not have any vulnerabilities. almost all of those agencies are reporting they are not doing that. segregation of duties -- this may not be the most important. this is the fox guarding the hen house. you have secured personnel responsible for security management. those should be different people than the people who have just general system administration functions. in general when you get into a very trusted organization many times this person could be one and the same. then you have contingency planning or disaster recovery. this deals with if something does happen, and a natural disaster or a man-made disaster or an attack, can you get back up if your system crashes? you have redundancy behind it? is it running in parallel with your current system, a hot backup so it ultimately goes over -
vulnerability updates for microsoft if you are using a pc that are addressing boehner build is they discovered every couple days. they easily --vulnerabilities they discovered every couple days and patched up. it is very important you keep your start -- software and hardware up to current configuration c do not have any vulnerabilities. almost all of those agencies are reporting they are not doing that. segregation of duties -- this may not be the most important. this is the fox guarding the...
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Nov 16, 2012
11/12
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two years later, what moment are we in as boehner enters? >> this is a magic moment, i really do. it is a moment when our generation has a chance to do something about this problem that we created. it is our generation that got us into this mess, and we ought to get ourselves out. we got a good chance. you got a second-term democrat president who has come out and said he is willing to put entitlements on the table. big deal. you've got a speaker, a republican speaker, who really gets at, who really understands the depths of the problems we face, and he has come out and said we are going to put revenues on the table. big move. he got at least half the members of the senate already saying they will support a balanced plan, which makes a lot of sense. we have got the business community lined up firmly against -- for doing something smart, and i guess most importantly, we got this fiscal cliff where if we go over it, we are going to face the most predictable economic crisis in history. fortunately for all of us, it is also the most of voidable. this is the magic moment to get somethin
two years later, what moment are we in as boehner enters? >> this is a magic moment, i really do. it is a moment when our generation has a chance to do something about this problem that we created. it is our generation that got us into this mess, and we ought to get ourselves out. we got a good chance. you got a second-term democrat president who has come out and said he is willing to put entitlements on the table. big deal. you've got a speaker, a republican speaker, who really gets at,...
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Nov 18, 2012
11/12
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. >> did anything that speaker boehner make you optimistic? was it just that urgency that you're talking about. >> well, it's the urgency but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and most importantly the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you said afterwards there would be these milestones of success. how will that work? what are the goals? are there interim goals? >> well, my suggestion was that we at some point not necessarily today decide on what our goal is in terms of the amount of deficit reduction that we can achieve, some date by which we'd like to do it, the middle of december so it doesn't take us up to christmas and milestones along the way so progress can be demonstrated we're moving in a forward direction. >> i spoke to senator michael bennet of colorado later. he said this really comes down to speak
. >> did anything that speaker boehner make you optimistic? was it just that urgency that you're talking about. >> well, it's the urgency but i think the spirit at the table was one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december so the confidence of the markets and most importantly the confidence of the consumers returns to infuse our economy with demand, which creates jobs. >> you...
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Nov 19, 2012
11/12
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if speaker boehner can deliver 25, 30 votes, we'd supply the rest of them. there's an easy and quick answer to that. the rest of it, the amt, the farm bill, there are many tax issues besides just the income tax rate we have to resolve, too. i worry about the estate tax done and other ones done if we can, and then push the other matters to next year. >> thank you so much for your time. we greatly appreciate it. talk with you soon, hopefully. thank you. >> thank you. >> the first read team reports there's a sense in the white house they need a cease-fire negotiation in the middle east asap. it could come down to a test of the new egyptian government. nbc's deputy political editor mark murray will join us live. plus, new jersey governor chris christie, you might say he stole the show on "snl." >> you have been wearing that fleece a lot. >> yaeshgs it's basically fused to my skin at this point. >> we'll have more. it's one of the things we thought you should know. >>> welcome back. president obama now on the last leg of his unprecedented trip to southeast asia.
if speaker boehner can deliver 25, 30 votes, we'd supply the rest of them. there's an easy and quick answer to that. the rest of it, the amt, the farm bill, there are many tax issues besides just the income tax rate we have to resolve, too. i worry about the estate tax done and other ones done if we can, and then push the other matters to next year. >> thank you so much for your time. we greatly appreciate it. talk with you soon, hopefully. thank you. >> thank you. >> the...
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Nov 20, 2012
11/12
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see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly, the children, the sick and the poor. but you say sadly enough that's the approach virtually all republicans and certain democrats will be advocating. how is that? >> and you just heard your media pundit tell you the same thing. look, in america today you have the most uneven distribution of wealth and income of any major country on earth. you have the top 1% owning 42% of the wealth. the bottom 60% own 2.3% of the wealth. so first question is who should bear the burden? of austerity. do you really go after medicare, medicaid, social security, nutrition programs? do you really want to throw kids off of med
see is a promise from the white house regarding entitlements and some sort of promise from speaker boehner about the top tax rate. we don't know how quickly they can get anywhere. >> thank you, luke. i want to bring in senator bernie sanders of vermont, an independent who caucuses with the democrats and he serves on the senate budget committee in congress, joint economic committee. you wrote an op-ed piece in politico saying that we must not balance the budget on the backs of the elderly,...
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Nov 17, 2012
11/12
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. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show our seriousness, we put revenue on the table. >> we're prepared to put revenue on the table. >> a deadline. >> being able to work something out. >> there was a spirit of cooperation. >> tomorrow is speaker boehner's birthday. we didn't know how many candles were needed. ♪ best friend ♪ >> interrupting that was the ghost of christmas past. >> you guys are the best. thank you so much. >> mitt, 47%, romney. he is the gift that keeps on giving. >> republicans did not take kindly to mr. romney's words. >> i don't agree with the comments. >> we lost the presidency. it's time to move on. >> general petraeus
. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show...
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Nov 20, 2012
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how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or opposing. >> 100 house republicans can oppose her but they don't have a vote. john mccain lost to president obama. he's more of an armed services guy than he is a foreign policy diplomacy guy. he called for bill clinton to go in but then was critical of hillary clinton going in. you know, i think a lot of people will say his politics are more personal than pragmatic. >> yet she is the top diplomat in the country. >> right. >> i want to talk because i can't resist 2016. i can't help myself. it's an addiction. >> why? >> you sound like my wife. chris christie hugely focused in the run up to the election after
how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or...
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Nov 16, 2012
11/12
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FOXNEWS
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we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >>neil: a sex scandal ended this man's career, and how much could it affect this man's career, saying that c.i.a. new from day one benghazi attack was terrorism and the white house said otherwise. the ball is in the president's court the next move could make. >> the differe
we saying to speaker boehner, here is what we need in revenue as part of a balanced plan. we think you get there by reagans the rates to the clinton era levels. we will look at it, we think the way to do it is to have the rate return for high income earners for clinton era levels. >>neil: is this guy creating a distraction for this guy? ♪ buy 5-hour energy pink lemonade and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪...
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Nov 13, 2012
11/12
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to be speaker boehner, a lot of publicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving onssues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the position he is in. but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue t
to be speaker boehner, a lot of publicans running with tail between their tails here. on deep end like tax, immigrations and reform. they may be caving onssues that tea partiers held near and dear. dick armey, a big tea party player, freedom works, how do you feel about that for one of a better term, dressing down on part of speaker boehner on republican troops, tea partiers included. many, made him the speaker. >> well, let me say i love john boehner like a brother, i don't envy him the...
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Nov 19, 2012
11/12
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you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right place. the two things i keep thinking about is the business community, i think, what steve says is exactly right. it seems like from the outside, what they want more than anything is certainty. it's not just moment to moment. it's minute to minute. it's crisis to crisis. and that is an atmosphere that's not conclusive towards optimal economic activity. this notion of trying to get to long-term stability but not having short-term austerity measures would be too depressed on consumer activity seems like where we need to end up and a lot of pressure from republicans to the
you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right...
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Nov 14, 2012
11/12
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john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore fiscal balance. that is a very important change. you could debate what has motivated that change, and of course it is true that that approach has very popular substantial support among the american people. you have a much greater recognition that the economy would benefit from a carefully designed balanced agreement on fiscal reform. putting that off indefinitely is not good for the country. that is important, too. i think, again, if you listen carefully to what people are saying and what many politicians are saying, there is a lot of consensus on the things that would
john boehner still in the house. you are still at the treasury. the president is back in the office. harry reid is in the senate with more seats -- why should i believe this will end any more positively than the summer of 2011? >> i will not try to talk to about optimism, but let's look at what has changed. you have republican leadership acknowledging relief for the first time in this debate in public that they would agree to increase revenues as part of an agreement to help restore...
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Nov 17, 2012
11/12
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it o off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. t. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna tra
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able...
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Nov 20, 2012
11/12
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people did not put john boehner into office to equivocate and become a democrat like. tom: you're her the republican party has to change. >> mitt romney moves to the middle on a lot of issues and it got him a lost election. at the end of the day there are issues. there are things that are right and there are things that are wrong. president obama's tax hikes would need to crucify small businesses in this country like along with obamacare, it is a crushing blow to the ethereal spirit and the bottom line. you already see businesses maneuver and they are not going to hire more than 25 employees or work over 30 hours and this tax hike on over people who make under $50,000, the majority of those are small businesses. by the way, this is a big old news flash. 2%. 2.1% of the population makes 250. come on. tom: it is the same answer the president has given before. a lot of surveys lately, we understand, it won't fix the deficit. you think it is going to? no, but what is it for? it is because of fairness. >> that is what i want people to understand the president obama does not
people did not put john boehner into office to equivocate and become a democrat like. tom: you're her the republican party has to change. >> mitt romney moves to the middle on a lot of issues and it got him a lost election. at the end of the day there are issues. there are things that are right and there are things that are wrong. president obama's tax hikes would need to crucify small businesses in this country like along with obamacare, it is a crushing blow to the ethereal spirit and...
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Nov 12, 2012
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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Nov 16, 2012
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as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a really great confidence signal to markets. now i don't think it's the solution for our short term growth problems because right now borrowing is cheap and we don't have a debt problem dragging on our economy right now but if we're looking at freeing up investment, freeing up hiring over the medium and long terms, absolutely the markets would love that. >> i think, also, the biggest negative domestically generated is the perpetual fights of brinksmanship, government shutdown, debt ceiling. a grand bargain that if it did nothing else put off those types of fights for the foreseeable future
as for speaker boehner i know they would personally like to make this time of deal. assuming the grand bargain happens, you can't get it done in a lame duck session, at least you move forward there, grand bargain, is this something that safbs the u.s. from this debt we've inflicted on ourselves for so long, where people stand up and notice it or would there still be the naysayers out there that say it still is not enough. what do you think? >> i think a true grand bargain would be a...
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Nov 14, 2012
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 13, 2012
11/12
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there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform. >> you want to grant design. that's very -- interesting point of view. >> doesn't have to be grand. we play to take two bites at it, debt ceiling coming up which i think, by the way, debt ceiling is the more important day personally than the fiscal cliff issue because we are not fiscal cliff is not going to happen. okay. simply is not going to happen. so -- to me, the focus ought to be on solvency and if we can deal with that and take a big step out of that, big step towards solving that, during this december, i agree with you. i think the
there are -- boehner says down payment now. buy the boehner down payment zbh i don't like the down payment. i would be sorely disappointed if we missed this opportunity. i think somebody was telling me today the budget act of 1990 took 12 days to put in place. we know what all the issues are. i hope we won't be lacking courage just to go ahead and deal with big pieces of this. so -- i am in a different place than you on this. i think we ought to deal a -- in a big way with the fiscal reform....
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expiration would cause tax hikes for america's small businesses just a couple days ago house speaker john boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small businesses were still able to grow twice as fast during the clinton presidency than they did while bush was in the white house even if you take off the last disastrous year of the bush administration from adequate. if republicans really want to protect the interests of small businesses and strengthen our economy and shouldn't they let the bush tax cuts expire joining me now is neil aspirate an entrepreneur and host of truth for america no welcome hey tom they're having me back thanks for joining us pardon my coffee. why do you why do you want to see small businesses fail why not why not bring them the success t
expiration would cause tax hikes for america's small businesses just a couple days ago house speaker john boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small...
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Nov 17, 2012
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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Nov 15, 2012
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can boehner get there if that's the case? >> if you look at eliminations of deductions, exemptions, credits, it doesn't get to you where we need to comply with the budget control act so the fact that we are examining an opportunity to perhaps look at either on higher income earners, whether it's $1 million or higher as opposed to marrying ourselves to 250 is a step in the right direction. i think the fact that there is discussion on this front initiated by the speaker and behind closed doors we'll get in detail. for the first time we're close and why throw away the opportunity. >> can i just mention how many jokes joe would have made about being behind closeds doors and consummating and that whole thing and that's why joe needs to be on the show and he's not. i'm doing a poor job that he would have made seven or eight jokes would have been made. let me just ask jared, the 39.6 in my mind seems like it is a bottom line, a starting point an an end point for the president. can you envision a deal being done on the fiscal cliff t
can boehner get there if that's the case? >> if you look at eliminations of deductions, exemptions, credits, it doesn't get to you where we need to comply with the budget control act so the fact that we are examining an opportunity to perhaps look at either on higher income earners, whether it's $1 million or higher as opposed to marrying ourselves to 250 is a step in the right direction. i think the fact that there is discussion on this front initiated by the speaker and behind closed...
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Nov 15, 2012
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boehner are accurate, the dems are moving away from that. the president and the democrats seem to be moving away from that. why do you think that is, and is this important? >> let's assume for a second the president is right and we need $1.5 trillion of revenue. now, i think there's a better way to get there and a different way to get there. the president, you know, i think is open to some of these ideas. but if we're going to have $1.5 trillion worth of revenue, we need about $3.5 trillion worth of real spending cuts. that would come from defense. it would come from entitlement programs. it would come from the other mandatory programs. that's what makes the most sense to take it from because those are the areas that are really growing at an accelerated rate, faster than the rate of growth of health care. i think that's doable. i think we can find the votes to do that because i think the american people are way ahead of the politicians. they realize we got a real problem in this country and we got to fix it. >> what do you think, senator? i
boehner are accurate, the dems are moving away from that. the president and the democrats seem to be moving away from that. why do you think that is, and is this important? >> let's assume for a second the president is right and we need $1.5 trillion of revenue. now, i think there's a better way to get there and a different way to get there. the president, you know, i think is open to some of these ideas. but if we're going to have $1.5 trillion worth of revenue, we need about $3.5...
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Nov 16, 2012
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 19, 2012
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and that's actually very important for speaker boehner because despite the loss that paul ryan had on a national level, he still has a considerable amount of clout within the house republican conference where a lot of folks will look towards where ryan goes. if ryan votes yes, that gives them enough cover to vote yes on a deal. >> the republican house conference seems to be operating in an alternative universe because mr. ryan told abc that the president didn't have a mandate. rather, he and his house gap gop have one. he said i think the ideas we talked about, i think they're popular ideas. did the election not happen? >> when they say they're popular ideas, they believe that -- >> that the electorate dismissed them and did not vote for them. >> but they believe that the issue of the debt is still one that they're very strong on, that people do not like to have the $16 trillion debt, that their policies are the best moving forward. but, look, martin, if anything else what you are seeing here is a very smart political ploy by speaker boehner trying not to allow what happened in august
and that's actually very important for speaker boehner because despite the loss that paul ryan had on a national level, he still has a considerable amount of clout within the house republican conference where a lot of folks will look towards where ryan goes. if ryan votes yes, that gives them enough cover to vote yes on a deal. >> the republican house conference seems to be operating in an alternative universe because mr. ryan told abc that the president didn't have a mandate. rather, he...
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Nov 19, 2012
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mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have consequences, and that is what he wants to do, and i'm sure he is going to accomplish some of that, but on either side when you dig in before the negotiations start, not only does it look bad, it makes the markets go up and down, and it creates instability, and insecurity among the people out here in the country feeling the pain and the brunt of some of the economic policies and the fact of the matter is that both sides need to come into it with some level of give and take, and that is how you govern and get it done, and if the president is going to ak kccomplish the polis that he did in first term that he
mcconnell came out after the talks last week, and took the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have...
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Nov 18, 2012
11/12
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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Nov 19, 2012
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the speaker of the house john boehner says that he backed away from an agreed compromise on raising the debt limit. an article in "the new york times" magazine tends to support that charge the reason he painted a picture of obama standing firm and the negotiations as the apparent requirement for the resolution of the legislation approaches the end as it appears that even more are being forecast for the next congress if it will take an unusually skillful second term president to deliver solutions to the financial problems facing the nation. if the task rests on the shoulders of barack obama will he emulate wells and who wouldn't compromise or would he like eisenhower? regan, clinton and washington figured out how to win against the odds. of course to achieve the accommodation in congress he would need a lyndon johnson, tip o'neill or new gingrich to lead the congress majority that would follow. so what specifically what i recommend that he would do to avoid the challenges of the second term? he should appoint an intermediary with the skills of simpson-bowles to work with the congress on
the speaker of the house john boehner says that he backed away from an agreed compromise on raising the debt limit. an article in "the new york times" magazine tends to support that charge the reason he painted a picture of obama standing firm and the negotiations as the apparent requirement for the resolution of the legislation approaches the end as it appears that even more are being forecast for the next congress if it will take an unusually skillful second term president to...
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Nov 12, 2012
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second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to me, this is like they've got the gun to their head. are you going to pass the tax cut fo
second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you...
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Nov 19, 2012
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john boehner is asking to outline a plan and get fellow republicans on board. ryan will likely be under the most pressure to back away from his conservative politics. his run for vp no doubt brought him some new-found respect and political clout amongst his colleagues. they say they will confident they will be able to reach some sort of a deal by the engineer of the deal, they need to be at an impasse when it comes to taxes. they said any deal to reduce the deficit should come through pro-gross reforms. that means things like lowers rates, and closing loopholes. >> just to close loopholes is far too little money, and they have said they weren't it to be revenue neutral. the president has been very clear, that the higher-income people have to pay their fair share. >> that means no deal from the democrats if republicans will not agree to raise taxes on the wealthy, but pelosi says she is optimistic. more john coming up after the break. stay with us. ♪ created ad message for little caesars who proudly salutes unites states veterans everywhere. >> hi, i'm rick lo
john boehner is asking to outline a plan and get fellow republicans on board. ryan will likely be under the most pressure to back away from his conservative politics. his run for vp no doubt brought him some new-found respect and political clout amongst his colleagues. they say they will confident they will be able to reach some sort of a deal by the engineer of the deal, they need to be at an impasse when it comes to taxes. they said any deal to reduce the deficit should come through pro-gross...
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Nov 19, 2012
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two, house leader boehner has to get re-elected by his party in january. he's not going to put a big deal in front of that. flip side is, no deal. i don't think the president will let that happen because he doesn't want to start his second term as president the way he started the first which was in a recession. but finally, what people fail to forget -- congress needs to go home for holidays. if they go home with no deal they will be criticized by their constituents. >> there are very few working days left when congress comes back from this thanksgiving break. >> remember what happened. t.a.r.p.? they didn't approve it. went home for the holidays, got criticized, came back and approved it. >> you see some stort of stopgap that averts the immediate tax hikes an spending cuts as of january 1, and that there is then some commitment to do a broader tax reform in 2013. >> correct. >> and that might be tied to raising of the debt ceiling. might'nt it. >> i think that's the next big date, mid-february when the treasury runs out of money, the debt ceiling is hit.
two, house leader boehner has to get re-elected by his party in january. he's not going to put a big deal in front of that. flip side is, no deal. i don't think the president will let that happen because he doesn't want to start his second term as president the way he started the first which was in a recession. but finally, what people fail to forget -- congress needs to go home for holidays. if they go home with no deal they will be criticized by their constituents. >> there are very few...
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Nov 16, 2012
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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Nov 14, 2012
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we're going to impeach this president as well and then john boehner will be president so ha, ha ha. ha ha, ha to you frank. this scandal does not touch barack obama. he didn't know about it. he didn't do it. he had nothing to do with it. eric cantor knew about it. maybe we should impeach eric cantor. [ ♪ theme ♪ ] >> bill: good morning everybody. welcome to the "full court press." this wednesday morning november 14. oh, man. lots going on. congress back in session and trying to deal with the fiscal cliff. so is president obama. all anybody is talking about is all of the latest with the david petraeus sex scandal. think about it. two generals, two famous generals, two top generals, two women. you got politics involved. you got the military involved. you got maybe national security documents involved. i'm telling you, how long before we see the hollywood movie? which is going to be first? the book or the movie or the tv series? who knows. maybe all three. we'll get into that and a whole lot more here on our "full court press." we've got the ground covered for you from politics to
we're going to impeach this president as well and then john boehner will be president so ha, ha ha. ha ha, ha to you frank. this scandal does not touch barack obama. he didn't know about it. he didn't do it. he had nothing to do with it. eric cantor knew about it. maybe we should impeach eric cantor. [ ♪ theme ♪ ] >> bill: good morning everybody. welcome to the "full court press." this wednesday morning november 14. oh, man. lots going on. congress back in session and trying...